The prestigious Mother Teresa Award for Corporate Citizens 2021-22 was held on 6th January 2023 at Dr. S. Xavier Britto auditorium. Rev. Fr. Joe Arun, Director, LIBA explained the significance of the Mother Teresa Award, while Rev. Fr. Francis Xavier, Rector, Loyola College institutions oriented the students on ethics. Prof. M.J. Xavier, Jury member and Professor of Marketing and Analytics, and Chair-Centre for Technology and Innovation (CTI) LIBA, presented the jury report and announced the winners. Prof. Emeritus. M. Victor Louis Anthuvan introduced and invited the illustrious alumnus of LIBA Mr. Kern Luke Agrawal to deliver the prestigious Mother Teresa memorial oration. The Indian Oil Corporation Ltd Southern Region Pipelines received the prestigious Mother Teresa Award for Corporate Citizen 2021-22 and Rasna Pvt.Ltd received the Special Award for Corporate Citizen 2021-22. Mr. Kern Luke Agrawal was honoured for his commendable contribution to conserving and preserving the environment through his company Carbon Loops. LIBA looks at business education differently, not just informing knowledge, but forming the character of students and these events stand as a testimony to its mission.